The Retirement Myth: What You Must Know to Prosper in the Coming Meltdown of Job Security, Pension Plans, Social Security, the Stock Market, Housing Prices, and More

Argues that retirement support will not be available, but working life will be longer and older people's skills will be needed

Marshaling a persuasive array of facts and figures, Karpel offers startling proof that retirement as we know it is doomed. The shrinkage of Social Security, the collapse of the pension system, and the decline of the housing and stock markets will herald a "Great Depreciation" that will throw masses of Americans into the streets. But this next century will also provide spectacular opportunities. When this generation grows older, it will be much healthier than today's seniors, and, due to the coming job surplus, will be able to work much longer before retirement. It will even have an advantage in the coming "wisdom economy," since it will be better educated than the next generation.

Crammed with practical, specific advice on what skills readers should develop, what investments to make, and even how to expand their--and society's--consciousness to ensure a prosperous and healthy old age, The Retirement Myth is nothing short of a user's guide to the future. It may be the most valuable piece of life insurance readers may ever own.